Fulton Financial Corp. plans to sell a $2 billion investment securities portfolio held by Republic First Bancorp Inc., the failed lender it acquired late last week after US regulators closed its doors.
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Fulton Financial jumps after buying failed Republic First Bank's deposits, assetsRegional banks have been struggling to retain deposits as customers seek the safety of larger 'too-big-to-fail' rivals, while higher interest rates have also...
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Republic First Closed by Regulators and Bought by Fulton BankRepublic First Bank became the latest smaller lender to succumb to pressures of higher interest rates on Friday when it was closed by regulators — with most of its deposits and assets acquired by Fulton Bank.
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Regulators close Philadelphia-based Republic First Bank, first US bank failure this yearWASHINGTON (AP) — Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit...
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US regulators set to seize Republic First Bancorp, WSJ reportsExplore stories from Atlantic Canada.
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